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NLOP (Net Lease Office Properties) Stock Financials & Earnings | Market Cap Arena
NLOP
Net Lease Office Properties
Mkt Cap
$210M
Real Estate
·
REIT - Office
·
🇺🇸 United States
·
NYSE
Revenue (TTM)
$120M
Net Income (TTM)
-$145M
EPS (TTM)
-$9.80
Free Cash Flow (TTM)
$63M
Gross Margin
8.8%
Op. Margin
29.4%
Net Margin
-121.1%
FCF Margin
52.4%
P/S Ratio (TTM)
1.8x
P/E Ratio (TTM)
—
YoY Rev Growth
-15.6%
Employees
—
Earnings Reports
▶
Q4 2025
NEW
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$43M
$43M
$37M
Q2 23
$43M
$43M
$38M
Q3 23
$43M
$34M
$0
Q4 23
$46M
$43M
$39M
Q1 24
$44M
$34M
$14M
Q2 24
$39M
$28M
$11M
Q3 24
$31M
$21M
$6M
Q4 24
$28M
$17M
$4M
Q1 25
$29M
$19M
$8M
Q2 25
$29M
$19M
$7M
Q3 25
$30M
$22M
$11M
Q4 25
$32M
-$50M
$9M
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
1.2x
—
Q2 23
1.2x
—
Q3 23
1.1x
—
Q4 23
1.2x
—
Q1 24
1.2x
—
Q2 24
1.2x
—
Q3 24
1.3x
—
Q4 24
1.5x
—
Q1 25
1.6x
—
Q2 25
1.8x
—
Q3 25
1.8x
—
Q4 25
1.8x
—
marketcaparena.com
Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
$20M
$20M
Q2 23
$23M
$20M
Q3 23
$21M
$21M
Q4 23
$7M
$552K
Q1 24
$26M
$26M
Q2 24
$15M
$15M
Q3 24
$20M
$28M
Q4 24
$10M
$10M
Q1 25
$14M
$14M
Q2 25
$12M
$12M
Q3 25
$16M
$16M
Q4 25
$22M
$21M
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$236K
Q2 23
$2M
Q3 23
$0
Q4 23
$7M
Q1 24
$0
Q2 24
$0
Q3 24
$7M
Q4 24
$0
Q1 25
$0
Q2 25
$0
Q3 25
$0
Q4 25
$1M
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
+16.4%
+18.6%
Q2 23
+16.8%
+12.7%
Q3 23
+7.0%
+36.5%
Q4 23
-17.8%
-87.2%
Q1 24
+3.1%
+448.1%
Q2 24
-8.8%
+444.1%
Q3 24
-27.0%
-41.7%
Q4 24
-40.2%
+246.2%
Q1 25
-33.6%
-29.0%
Q2 25
-25.3%
-23.3%
Q3 25
-5.4%
-25.9%
Q4 25
+14.8%
-5.4%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$775K
1.8%
Q2 23
$838K
2.0%
Q3 23
$952K
2.2%
Q4 23
$338K
0.7%
Q1 24
$75K
0.2%
Q2 24
$0
0.0%
Q3 24
$75K
0.2%
Q4 24
$25K
0.1%
Q1 25
$0
0.0%
Q2 25
$0
0.0%
Q3 25
$0
0.0%
Q4 25
$0
0.0%
marketcaparena.com
OpEx Breakdown
G&A
S&M
Quarter
G&A
S&M
Q1 23
$3M
$2M
Q2 23
$3M
$2M
Q3 23
$3M
$1M
Q4 23
$4M
—
Q1 24
$2M
$16K
Q2 24
$2M
—
Q3 24
$2M
—
Q4 24
$2M
—
Q1 25
$2M
—
Q2 25
$2M
—
Q3 25
$2M
—
Q4 25
$2M
—
marketcaparena.com
Revenue by Geography
Non-US
United States
Quarter
Non-US
United States
Q3 23
$4M
$39M
Q1 24
$3M
$41M
Q2 24
$2M
$37M
Q3 24
$2M
$29M
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$0
$9M
$9M
Q2 23
$56M
$0
$56M
Q3 23
$5M
$0
$5M
Q4 23
$16M
$0
$16M
Q1 24
$40M
$0
$40M
Q2 24
$36M
$0
$36M
Q3 24
$36M
$0
$36M
Q4 24
$25M
$0
$25M
Q1 25
$28M
$0
$28M
Q2 25
$54M
$0
$54M
Q3 25
$39M
$0
$39M
Q4 25
$120M
$0
$120M
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
14M
+0.0%
Q2 23
14M
+0.0%
Q3 23
14M
+0.0%
Q4 23
15M
+2.5%
Q1 24
15M
+1.1%
Q2 24
15M
+0.2%
Q3 24
15M
-0.2%
Q4 24
15M
+0.1%
Q1 25
15M
+0.1%
Q2 25
15M
+0.0%
Q3 25
15M
+0.0%
Q4 25
15M
+0.0%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 19
—
—
FY 20
—
—
FY 21
—
—
FY 22
—
—
FY 23
$888K
197
FY 24
$1M
100
FY 25
$1M
100
marketcaparena.com